Wholesale inflation rises to 9.8% in June© thehindu.com

Wholesale inflation rises to 9.8% in June

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Wholesale price inflation in India jumped to 9.8% in June from 9.6% in May, led by an increase in prices of food and non-food items.

The wholesale price index for all commodities rose to 110.2 in June from 109.9 in May, data released by the Ministry of Commerce and Industry on Tuesday showed.

Mineral oils (containing petroleum products), food articles, manufacture of basic metals, and manufacture of chemicals and chemical products have been major drivers of wholesale price inflation in June, the ministry said.